Bateson Inc. uses a 140% markup on total cost and recently computed a selling price of $1,560 for a particular product. On the basis of this information, the product's total cost is:
A) $650.00.
B) $910.00.
C) $1,114.29.
D) $1,560.00.
E) $2,184.00.
Correct Answer:
Verified
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